Dan Whitmer, Rewards Programs Analyst
@dan_whitmer
Buying airline miles is not a good deal in most cases, as they typically cost more than they’re worth. On average, miles cost about 3.5 cents each, while their redemption value is only around 1.3 cents. Unless you only need a few miles to top off your balance for an award ticket, purchasing miles isn’t a cost-effective way to save on travel.
Airline Miles Cost vs. Redemption Value
| Rewards Program | Number of Miles | Cost | Value When Redeemed for Airfare |
| 10,000 | $319.82 | $149 | |
| 10,000 | $376.25 | $112 | |
| 10,000 | $376.25 | $121 | |
| 10,000 | $300.00 | $149 | |
| 10,000 | $376.25 | $137 |
The prices listed above reflect the standard cost of miles when no promotions or discounts are available.
The best way to use your miles is to save them until you can cover the full cost of a flight. How you earn miles depends on the airline, as each has its own program. Common ways to earn miles include using an airline credit card, participating in dining programs, or booking with partner airlines, hotels, car rentals, and online shopping portals.
Sometimes, buying miles can be worth it. Airlines occasionally run promotions offering bonus miles or discounts, making purchased points a better value. When taking advantage of these promotions, it’s best to use the airline’s co-branded credit card, as you’ll earn extra miles on top of the points you’re already buying.
If you want to learn more about airline miles, you can check WalletHub’s full guide on how airline miles work.
People also ask
Did we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.